Nineteenth meeting of national customs directors of Latin America, Spain and Portugal

First meeting on European soil. The Nineteenth Meeting of National Customs Directors of Latin America, Spain and Portugal was held in Palma, Mallorca, Spain, from 2 to 6 November 1998. The opening session stressed the importance of this being the first meeting held on European soil, and members were urged to pool their efforts to develop closer cooperative ties between the region's customs services.

The opportunities and risks associated with privatizing railways in Latin America

Most railways in Latin America were built by private firms, often foreign owned. Over time, owing to a combination of nationalizations and competition from road transport, virtually all railways passed into government hands; the railroad industry became more and more of a white elephant for the Government because of the ever-increasing subsidies it swallowed up, its dwindling role in national economies, and a conviction that Governments should not be involved in productive activities. Consequently, the late 1980s saw the start of a trend towards denationalization of railways, with the latter being turned over to private, often foreign, interests. In this way, the railway industry in Latin America has come full circle in the space of 150 years. So far, there has not been any assessment of the recent privatization of railways in Latin America. However, the conclusion would probably be that: (i) privatization has on the whole been successful, and (ii) the results achieved would have been more positive still, had some things been done slightly differently. One problem is that the bidding process has failed to take into account the positive externalities associated with railways, such as the contribution they make to reducing road maintenance costs and environmental damage caused by road transport. Another unresolved issue is whether to put the entire railway system up for tender, or to invite separate bids for infrastructure and services. Economies of scale operate in the railway industry, favouring the existence of a number of rail companies. In the past, the railway companies of neighbouring countries such as Argentina and Paraguay, and Bolivia and Chile, enjoyed ties at director level, but these came to an end with the nationalization of railways. Now that the era of State involvement is itself drawing to a close, we can expect to see the formation of integrated railway systems, one of which might extend from Quijarro, on the border between Bolivia and Brazil, to Puerto Montt in the south of Chile.

ECLAC Notes Nº 42

Latin America and the Caribbean's Trade Rises for the Second Year Running China Seeking to Strengthen Economic Ties with Latin American Countries Op-ed by José Luis Machinea: A New Phase in Regional Integration Highlights by Ricardo Ffrench-Davis: Financial Crises in Emerging Economies: Not Just Bad Luck nor Pure Contagion Indicators It's Time to Reduce the Bias Against Public Investment Recent Titles Calendar

ECLAC Notes Nº 54

Latin American and Caribbean Economies Register 5% Growth in 2007, with Projections of 4.6% for 2008. Strengthening the Region's Economic Ties with Asian Countries Op-ed by ECLAC Executive Secretary, José Luis Machinea. Region Should Foster Improved Participation in the Global Trade in Modern Services. Highlights. From eLAC2007 to eLAC2010: the Progress in Latin American and Caribbean Information Societies. Indicators Children and Adolescents. Most Lack Access to Drinking Water and Sanitation. Recent titles. Calendar of events

First Forum of China and the Community of Latin American and Caribbean States (CELAC): Exploring opportunities for cooperation on trade and investment

This document is a contribution by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) to the First Forum of China and Community of Latin American and Caribbean States (CELAC),(Beijing, 8 and 9 January 2015). The document consists of three parts. The first part summarizes the main components of the international economic scenario for Latin America and the Caribbean. The second part provides a brief overview of trade and investment relations between the region and China. And the third part sets out conclusions and recommendations for improving the quality of economic ties between the two trading partners..

第一届拉丁美洲和 加勒比国家共同体 （CELAC）: 与中国探索经贸和投资合作 空间论坛

This document is a contribution by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) to the First Forum of China and Community of Latin American and Caribbean States (CELAC),(Beijing, 8 and 9 January 2015). The document consists of three parts. The first part summarizes the main components of the international economic scenario for Latin America and the Caribbean. The second part provides a brief overview of trade and investment relations between the region and China. And the third part sets out conclusions and recommendations for improving the quality of economic ties between the two trading partners.

Areas for cooperation in the Americas Building opportunities for inclusive development

This work is a contribution made by the Economic Commission for Latin America and the Caribbean (ECLAC) to the Seventh Summit of the Americas (Panama City 10 and 11 April 2015), at the request of the Summit Chair. It summarizes the most salient economic ties between the countries of the Americas and highlights the importance of cooperation for progress towards realizing the shared aspiration of greater well-being for all.

Latin America and the Caribbean and China: towards a new era in economic cooperation

Foreword by Alicia Bárcena